Suzhou Longway Eletronic Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Suzhou Longway Eletronic Machinery has a total shareholder equity of CN¥1.2B and total debt of CN¥122.7M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CN¥1.7B and CN¥501.3M respectively. Suzhou Longway Eletronic Machinery's EBIT is CN¥83.5M making its interest coverage ratio -14.1. It has cash and short-term investments of CN¥185.1M.
Key information
10.4%
Debt to equity ratio
CN¥122.75m
Debt
| Interest coverage ratio | -14.1x |
| Cash | CN¥185.15m |
| Equity | CN¥1.18b |
| Total liabilities | CN¥501.27m |
| Total assets | CN¥1.69b |
Recent financial health updates
Recent updates
Suzhou Longway Eletronic Machinery (SZSE:301202) Seems To Use Debt Quite Sensibly
Sep 30
Investors Could Be Concerned With Suzhou Longway Eletronic Machinery's (SZSE:301202) Returns On Capital
Jul 13Subdued Growth No Barrier To Suzhou Longway Eletronic Machinery Co., Ltd (SZSE:301202) With Shares Advancing 70%
Mar 22Financial Position Analysis
Short Term Liabilities: 301202's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥483.0M).
Long Term Liabilities: 301202's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥18.2M).
Debt to Equity History and Analysis
Debt Level: 301202 has more cash than its total debt.
Reducing Debt: 301202's debt to equity ratio has reduced from 83.5% to 10.4% over the past 5 years.
Debt Coverage: 301202's debt is well covered by operating cash flow (56.9%).
Interest Coverage: 301202 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:50 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Suzhou Longway Eletronic Machinery Co., Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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